The Case Against Nigeria’s Big Philanthropy Industrial Complex (NBPIC) By Ahmed Olayinka Sule, CFA
In response to the Coronavirus pandemic, some of Nigeria’s top billionaires made significant contributions in the fight against COVID-19. Aliko Dangote donated N2bn while Mike Adenuga donated N3bn. Femi Otedola, Folorunsho Alakija, Tony Elumelu, Jim Ovia and Oba Otudeko donated N1bn each. The CEOs of Access Bank and Guaranty Trust Bank gave N1bn each. This is not the first time…
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